Matsushita suspends LiIon battery production after fire at plant
Matsushita sells products under the Panasonic brand and has a joint venture with Toyota called Panasonic EV energy that makes NiMH batteries for hybrids. This doesn't bode well for Toyota and it may be part of the reasoning behind Toyota trying to cool the lithium battery hype recently. It's not clear what the cause of the fire was but this certainly doesn't look good.
[Source: JCN Network]
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